Markets were sharply higher today as the major Indices popped up out of the Green Zones. This caused Buying and Short Covering on the major Indices, even though they are still Below the Green Lines. The first Resistance areas should be the Pink Lines (10-day avgs.) which is at 3858 on the S&P 500 Index.
The Strongest Leaders & Oil Stocks are down in the Green Zones for more Money Wave Buy Signals soon. Hopefully you have some Cash to Buy the Leaders. Please Wait for the Buy Signals.
The Markets and most Investments are weak (Below the Green Lines), so please be patient and wait for Signals for Investments below that are still Above the Green Lines. BUYS SOON – CHARTS The best moves are when the S&P 500 Index is also coming up out of the Green Zone (Now popping out of the Green Zone today).
BUYS TODAY 6/21/2022
XOM EXXON MOBIL Money Wave Buy today, but XOM will not be Bought or Logged as it is already up 7 % today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
BUYS TOMORROW – SWING TRADING STOCKS
Shop for a better price earlier in the day with Triple Buy Signal, on the same day that a Daily Money Wave Buy Signal will occur.
GOGL GOLDEN OCEAN GROUP Buy above $12.96 with High Volume with a 5% Trailing Sell Stop Loss below it.
OXY OCCIDENTAL PETROLEUM CORP Wait for Money Wave Close > 20 with High Volume.
SWN SOUTHWESTERN ENERGY CO Wait for Money Wave Close > 20 with High Volume.
XLE ENERGY SELECT SECTOR Wait for Money Wave Close > 20 with High Volume.
SBLK STAR BULK CARRIERS Buy above $27.17 with High Volume with a 5% Trailing Sell Stop Loss below it.
USO US OIL FUND Money Wave must Close in the Green Zone.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Follow on the WATCH LIST.
The Leaders are Way Above the Green Lines (all Investments eventually return to their Green Lines).
SELLS TODAY
SARK INVERSE ARK INNOVATIONS FUND EXIT if it is going to Close below the Pink Line around $65.95. The Target was already Hit for a 15.2 % Gain.
WEAT WHEAT FUND EXIT if it is going to Close below Support of $21.38. This trade was not logged.
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DAY TRADING SETUPS. A few Triple Buy Pops today: MARA (+14%) LCID (+10%) SOXL (12%) RBLX (+10%) TQQQ (+12%) UDOW (+6%) & XOM (+7%). Try out the New Side by Side layout.
DAY TRADING FOR INDICES & LARGE CAPS CHARTS.
Bonds were down today, and are Way Below the Green Line.
Crude Oil was up $1.29 at $109.28.
MY TRADING DASHBOARD
SWING TRADING CURRENT POSITIONS
DAY TRADING SETUPS
TRADE ALERTS
GREEN LINE CHARTS AT STOCKCHARTS
ARE YOUR INVESTMENTS ABOVE THE GREEN LINE?
GREEN LINE RULES
ETF SECTOR ROTATION SYSTEM
New TOP 100 LIST Updated Jun 3, 2022
Many like to Buy the Swing Trades just before the Close, if the Money Wave is going to create a Buy Signal (Closing > 20 and up out of the Green Zone).
Don’t Buy if the Investment has already popped up too much. Money Wave Buy Signals are usually good for a 3-6 % move in a few days.
We will “Not Log” trades if the Reward/Risk is not at least 2:1, or Low Volume. These have more risk.
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– XOM